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  1. #1
    Join Date
    Aug 2004
    Location
    Avalon
    Posts
    1,525

    DigiPawn.com gives loans for domains

    Posted for a client, Rick of dollars.com, who's launched an intriguing service (I have no idea of whether this will fly or not..)

    --

    P R E S S R E L E A S E

    Atlanta, GA – Rick Latona, a successful internet entrepreneur, announces the successful launching of www.DigiPawn.com a new web site dedicated to making loans on intellectual property assets such as domain names. While DigiPawn.com loans money on mostly domain names, we also loan money on other digital assets and intellectual property like active websites, content, patents, trademarks and more.

    Customers of DigiPawn.com retain the use of their assets during the period of the loan allowing customers to access quick cash, while still managing their online business. DigiPawn.com is a licensed pawn broker in the state of Georgia, USA, so customers can feel secure that their assets are protected by U.S. and state pawnshop laws.

    DigiPawn.com is aggressively seeking new customers who need quick cash with NO credit checks or applications. No loan is too small or too big as DigiPawn.com makes loans between $100 and $1,000,000. Please visit www.digipawn.com for more information and to request a loan evaluation.

    DigiPawn.com has very strong financial backing, starting with the founder, Rick Latona, who started in the Internet business in 1997 with Interland, Inc. (NASDAQ: INLD) where he held founder shares and was the VP of Sales and the Managing Director of European Operations. Mr. Latona also owned and operated a pawnshop in Lakeland, Florida. Mr. Latona also personally owns thousands of domain names and is very involved in the domain resale market, which makes him uniquely qualified to run a business like DigiPawn.com.
    Last edited by safesys; 12-01-2004 at 09:41 AM.

  2. #2
    Join Date
    Apr 2004
    Location
    Trinidad & Tobago, West Indies
    Posts
    357
    nice info thanks for the release,know this guy personally?
    do u think it will work, i will check the link by the way.
    NB

  3. #3
    Join Date
    Apr 2004
    Location
    Trinidad & Tobago, West Indies
    Posts
    357
    the link isn't working though..
    NB

  4. #4
    Join Date
    Nov 2002
    Posts
    14,877
    Originally posted by newbee
    the link isn't working though..
    Guess the pawn ticket on it has passed due.

  5. #5
    Join Date
    Sep 2002
    Location
    Wales (UK)
    Posts
    24,745
    the link had a comma in it...
    When using google for counts - use double quotes for usage counts for multiword terms and set "match type" to "exact" for all search volume lookups. Click here for more info

  6. #6
    Join Date
    Apr 2003
    Location
    NYC
    Posts
    204
    Actually I've met Rick when I was down at the Traffic Conference. Interesting fellow to say the least. Very driven. I think the project will be a success as this was an idea that was destined to come out sooner rather then later.
    PRICES.COM | WEBLOG.COM

  7. #7
    Join Date
    Jan 2003
    Location
    Mexico
    Posts
    3,831
    Like I said in anouther thread, this isn't new. iplender.com were doing it before the dotcom crash.

    Not very well, though. it appears.
    Captain Stupid.
    Jimmy James Inc. fan club membership # 3312

  8. #8
    Join Date
    Jan 2004
    Location
    Missouri, USA
    Posts
    1,686
    yeah, i thought someone had just mentioned this concept the other day...

    interesting, good luck to him

  9. #9
    Join Date
    Sep 2002
    Location
    .com.au
    Posts
    11,053
    I'm not quite sure I see a market for this, the idea of a pawn broker doesn't seem to sit well with lending money on business type assets.

    The site definately needs contact information on it, giving an impession of trust should be a number one priority.
    GamesRoom.com, Possum.com, Arithmetic.com on greatdomains auction, low reserves, priced to sell!

  10. #10
    Join Date
    Nov 2002
    Posts
    5,094
    Originally posted by ILikeInfo
    Guess the pawn ticket on it has passed due.
    LOL

  11. #11
    Join Date
    Jan 2004
    Location
    Missouri, USA
    Posts
    1,686
    true, trust would be the critical ingredient...

    seems like a creative way to:

    1. get a good domain at a good price if they default on payments... cuz he decides what he'll loan for a name

    2. if they don't default, i'm sure he'll make a handsome interest rate


    and the domainer gets his/her hands on some quick cash using the domain as an asset... i'll be curious to see how it plays out for him...

  12. #12
    Join Date
    Oct 2002
    Posts
    10,988
    domain shark

  13. #13
    Join Date
    Nov 2002
    Posts
    14,877
    Originally posted by snoopy
    I'm not quite sure I see a market for this,
    His valuations will be far more meaningfull than the domain valuation company's.

  14. #14
    Join Date
    Sep 2002
    Location
    Toronto
    Posts
    1,530
    The boom days really are back!

    http://news.bbc.co.uk/1/hi/sci/tech/533455.stm

  15. #15
    Join Date
    Nov 2002
    Posts
    14,877
    Originally posted by namethink
    The boom days really are back!

    http://news.bbc.co.uk/1/hi/sci/tech/533455.stm
    Tuesday, 23 November, 1999, 13:29 GMT
    You just come back from the Dr Who thread?

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